Brian Rogers Predicts the "Great Migration"

The Chairman of T. Rowe Price thinks investors might finally be moving from bonds to stocks - and he's got two to recommend.

This transcript has been automatically generated and may not be 100% accurate.

I ... your honor ... her Barron's online on your Brian Rogers who is chairman of euro price ... and also manager of the T Rowe Price Equity up ... upfront courses member Barron's Roundtable ... I thank you for being here ... I we've been discussing the big picture as well as some specific ideas ... let's start ... right now with your ideas of where the SNP five hundred years ... and we see it go and see ... what set last year was a very good time for global equity markets generally and for global credit markets the most part ... um markets advanced faster than economies ... soapy multiple rows somewhat globally ... and economies around the world continue to recover from the financial crisis of two thousand and two thousand mine ... I think markets surprise most investors in terms of of returns generated ... and as we stood early two thousand thirteen I think the sixty four thousand dollar question ... is what happens the share of the two economies grow ... what will corporate earnings do and what how investors a so so so some of the controversial art ISO Forstall was your first your best guess as to how investors will read it and and given an outlook of what are your your best investment you know ... what I think investors are involved in a gradual shift ... reflecting somewhat greater confidence ... and some dissatisfaction reported earning a money market funds in a bomb pops ... some decor for this is the great rotation or for those of the great migration ... but what what and Africa ... out of bonds into equities ... and so I think in the context of a market that is probably peacefully attractive along a dirt cheap ... you have to focus them on companies that the issues and problems that disappointed ... and which consequently look inexpensive ... spoken like a tired and into what point to one of the um the most challenged performers last year in the financial sector was PNC core ... find that most financial institutions generated very strong performance ... in two thousand well it did not it was basically flat ... and so I think it has great ... potential in Africa so following ... her profitable financial services company ... on the back of the best in the news for much of the last couple years or so publicize manage the issues and ... changes ... others Avon Products ... which is going for a major restructuring ... Greek New CEO Johnson Johnson and probably agree to a three year turnaround ... the NSE me that the consumer is there a long process ... I think that this or is there free of a product of years ago Tupperware with some of the same ... pummeled the challenges in a string of Iraq back together again ... so that that is great new management of the company can